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Legislation


1997 Regular Session

HOUSE BILL 838

File Code: Recordation and Transfer Crossfiled with: SENATE BILL 164
Sponsored By:
Delegate Stocksdale
Entitled:
State Transfer Tax - Distribution of Revenues

Synopsis:

Altering the distribution formula for revenues from the State transfer tax, reducing from 83.5% to 75% the percentage of the net revenues allocated to Program Open Space, and increasing from 14.5% to 23% the percentage of the net revenues allocated to the Agricultural Land Preservation Fund; repealing obsolete provisions; etc.

Legislative History

House Action
1/31
First Reading Ways and Means
2/4
Re-assigned Appropriations
2/5
Hearing 2/13 at 11:00 a.m.
4/3
Unfavorable Report by Appropriations
Senate Action
No Action
Bill indexed under the following Subjects:
CONSERVATION -see also- RECYCLING; SOIL CONSERVATION
FARMLAND
PROGRAM OPEN SPACE
TRANSFER TAX -see also- RECORDATION
Bill affects the following Statute:
Tax - Property
( 13-209 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
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